Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, November 27, 2024

825 head sold ·Official USDA report

This is an archived report. See the latest Public Auction Yards Livestock Cattle Auction report →

heavy 2-weight M&L 1 heifers $480.00/cwt ≈ $1,358/hd at 283 lb · 30 head
heavy 2-weight M&L 1 steers $500.00/cwt ≈ $1,365/hd at 273 lb · 23 head
light 3-weight M&L 1 steers $450.00/cwt +10.00 vs last sale · ≈ $1,418/hd at 315 lb · 17 head
HeadThis saleLast saleLast year
Total receipts 825 2,271 1,798
Feeder cattle 351 579 345
Slaughter cattle 273 1,007 1,120
Replacement cattle 201 685 333

Compared to last week: All feeder cattle were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Quality was mostly plain to average today. Most feeders were offered in small packages or as singles. Demand for limited feeders was good to very good. Market activity was mostly moderate to active today. Weigh up cows sold on mostly good demand for light offerings. Buyers pushed to fill loads started earlier in the week. Cow quality this sale was mostly average. Slaughter cow demand was strong early in the sale but moderated slightly as buyers filled loads. Slaughter cows sold mostly steady to 3.00 higher on all classes. Feeding cow demand was very good as several buyers pushed to fill loads this sale. Feeding cows sold mostly 2.00-3.00 higher on high quality cows suitable to feed to premium white. Short term, thin feeding cows sold mostly 3.00-5.00 higher. Very good demand was seen for this class of cows this sale. Weigh conditions were mostly average to below average today. Slaughter bulls sold mostly steady. Demand for slaughter bulls was light to moderate. Several private buyers purchased bulls to feed this sale as several small packages of high quality bulls were seen. Quality today was mostly average to attractive for bulls. Young age cows suitable to feed or rebreed sold mostly steady to 3.00 higher. Demand from rebreed buyers remains good to very good, especially for light weight offerings. Quality this week was average to attractive.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
273 273 23 500.00 $500.00 $1,365
315 315 17 450.00 $450.00 $1,418
445 unweaned 445 11 379.00 $379.00 $1,687 +0.59
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
298 298 2 450.00 $450.00 $1,341
418 unweaned 418 2 365.00 $365.00 $1,526 +7.50
452 unweaned 452 5 340.00 $340.00 $1,537
523 unweaned 523 3 329.00 $329.00 $1,721
639 unweaned 639 7 284.00 $284.00 $1,815
663 unweaned 663 2 261.00 $261.00 $1,730
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
398 unweaned 398 2 330.00 $330.00 $1,313
515 unweaned 515 1 290.00 $290.00 $1,494
553 unweaned 553 5 282.50 $282.50 $1,562

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
283 283 30 480.00 $480.00 $1,358
340 340 2 432.50 $432.50 $1,470
461 unweaned 461 8 319.00 $319.00 $1,471 +15.00
589 589 7 267.00 $267.00 $1,573 +32.00
605–641 unweaned 636 7 262.00–270.00 $263.09 $1,673 +17.52
849 849 4 233.00 $233.00 $1,978 +3.00
920 920 7 229.50 $229.50 $2,111 +14.50
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
338 unweaned 338 3 425.00 $425.00 $1,436 +90.85
428 428 8 290.00 $290.00 $1,241
560–587 unweaned 576 5 265.00–266.00 $265.61 $1,530
741 741 14 239.00 $239.00 $1,771 +3.00
770 770 2 232.50 $232.50 $1,790 +2.50
1018 1018 9 202.00 $202.00 $2,056
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1053–1074 1069 13 200.00–202.00 $201.55 $2,155
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
488 unweaned 488 3 280.00 $280.00 $1,366
545 unweaned 545 5 265.00 $265.00 $1,444

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
447 unweaned 447 6 331.00 $331.00 $1,480
474 474 4 342.50 $342.50 $1,623
520 unweaned 520 1 311.00 $311.00 $1,617 -5.07
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
614 614 5 240.00 $240.00 $1,474
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1300 1300 4 175.00 $175.00 $2,275
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
497 unweaned 497 3 295.00 $295.00 $1,466
720 unweaned 720 1 225.00 $225.00 $1,620

↑ Back to top

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1315–1360 1338 80-85% 2 102.00–106.00 $104.03 $1,392 +14.03
1312–1420 1342 80-85% 26 123.00–125.50 $124.92 $1,676 +34.92
1355 1355 80-85% 1 94.00 $94.00 $1,274 -23.08
1365–1395 1371 80-85% 9 88.00–90.00 $89.00 $1,220 -28.08
1255–1675 1423 80-85% 54 113.00–123.00 $118.88 $1,692 +14.17
1263–1690 1426 80-85% 12 101.00–111.00 $105.12 $1,499 +0.41
1523 1523 80-85% 2 121.00 $121.00 $1,843 +30.65
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
800–980 902 85-90% 3 67.50–75.00 $70.22 $633 -31.34
950–965 958 85-90% 2 99.00–101.00 $99.99 $958 +37.49
1065–1230 1128 85-90% 6 123.00–124.50 $123.55 $1,394 +45.70
1140 1140 85-90% 1 105.00 $105.00 $1,197 +7.58
995–1264 1156 85-90% 19 75.00–87.50 $83.04 $960 -16.94
960–1288 1159 85-90% 14 97.00–110.00 $105.75 $1,226 +5.77
1070–1275 1182 85-90% 11 86.00–100.00 $90.85 $1,074 -9.13
950–1285 1207 85-90% 44 112.50–122.50 $119.30 $1,440 +34.17
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1443–1640 1482 75-80% 5 117.00–120.50 $119.73 $1,774
1565–1718 1630 75-80% 14 118.00–122.50 $120.05 $1,957
1510–1945 1729 75-80% 6 110.00–116.00 $111.94 $1,935
1770 1770 75-80% 1 134.25 $134.25 $2,376 +22.62

↑ Back to top

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1220–1335 1305 4 130.00–134.00 $131.60 $1,717
1300–1450 1376 4 140.00–144.00 $142.70 $1,964
1450–2200 1683 9 120.00–135.00 $127.69 $2,149 +2.69
1540–2095 1819 7 139.50–142.50 $140.33 $2,553 -0.21
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
2058 2058 2 136.00 $136.00 $2,799

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
720–1177 915 (<2 yrs)Open 96 153.00–225.00 $200.14 $1,831
855–1420 1126 Young (2-4 yrs)Open 31 121.00–176.00 $136.37 $1,536
1364 1364 (<2 yrs)Open 4 170.00 $170.00 $2,319
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
835 thin fleshed 835 (<2 yrs)Open 1 135.00 $135.00 $1,127
848–1180 955 (<2 yrs)Open 10 127.50–172.50 $150.42 $1,437
865–1275 1020 Young (2-4 yrs)Open 11 122.50–140.00 $129.69 $1,323
Medium 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
665 665 (<2 yrs)Open 2 197.50 $197.50 $1,313

↑ Back to top

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1193 1193 Young (2-4 yrs)2nd Stage (4-6 mo) 4 2,275.00 $2,275.00
1205 1205 Young/Middle Aged (2-8 yrs)2nd Stage (4-6 mo) 2 2,275.00 $2,275.00
1247 1247 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 5 2,300.00 $2,300.00
1478 1478 Middle Aged/Aged (>5 yrs)1st/2nd Stage (1-6 mo) 5 1,850.00 $1,850.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
970–1135 1053 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 2 2,125.00–2,150.00 $2,138.48
1070 1070 Young (2-4 yrs)1st Stage (1-3 mo) 1 1,750.00 $1,750.00
1330 1330 Young/Middle Aged (2-8 yrs)1st/2nd Stage (1-6 mo) 2 2,000.00 $2,000.00
1415 1415 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 2,000.00 $2,000.00
Medium 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
885 885 Young (2-4 yrs)1st Stage (1-3 mo) 1 1,900.00 $1,900.00
903 903 Young (2-4 yrs)2nd Stage (4-6 mo) 2 1,950.00 $1,950.00

↑ Back to top

What does "Medium and Large 1" mean?

USDA feeder grades describe frame size and muscle thickness, not quality of the individual animal. "Medium and Large" is the frame score; the number is muscle (1 = heaviest muscled). "Medium and Large 1–2" pens mix both muscle scores — common across the Southeast.

What is $/cwt?

Dollars per hundredweight — per 100 lb of animal. A 500-lb calf at $450/cwt brings 5 × $450 = $2,250. Lighter cattle usually bring more per cwt but less per head.

Why are some prices per head?

Bred cows, cow-calf pairs, and some replacement classes sell by the head, not by weight. We show those exactly as USDA reports them — a $/head figure is never converted into $/cwt on this site.

Where do these numbers come from?

From the USDA Agricultural Marketing Service's Livestock Market News — federal reporters at the sale. We publish each report in full and link the official USDA document at the top of the page.